May 26, 2022
[1 min Read]
PDD's earnings are being released tomorrow (May 27thh) before market open.
PDD historically beats earnings 25% of the time, with an average beat on earnings of 111.04%.
Conversely, PDD historically misses earnings 75% of the time, with an average miss of 98.34%.
By taking a weighted average (25% for earnings beats, and 75% for earnings misses) of the average gains/losses we can arrive at an estimate of how much PDD will beat (or miss) their earnings by. PDD has a weighted average EPS beat of 27.76%, and a weighted average EPS miss of 73.75%. By adding these weighted averages together we arrive at an estimated earnings miss of 46%
Applying this to their earnings estimate we can expect PDD to miss their EPS estimate by 46% which would result in a reported EPS of $0.99 (versus their estimated EPS of $1.83